Home » The Industries » Problems of the Automotive Industry in Nigeria

Problems of the Automotive Industry in Nigeria

The Nigerian automotive industry has performed poorly due to the following reasons:

  • Low Patronage by government and the general public;
  • Very low capacity utilisation;
  • Poor perception of locally made goods;
  • High cost operating environment;
  • Insufficient government protection policy;
  • Absence of low cost, long term funds;
  • Weak and deteriorating infrastructure;
  • Inconsistency in tariff policy.